CN ups bid, vies with CP Rail for Kansas City Southern

April 21, 2021
Category: Today's Takeaway

Canadian National Railway’s bid for Kansas City Southern spurs bidding war with Canadian Pacific Railway. In other Business news: West Fraser, FPInnovations and Miller Western are among 17 receiving Alberta innovation grants; and Stora Enso is closing two nordic paper mills. Meanwhile: lumber prices reach stratospheric heights, but could tumble by half in 2021.

On the eve of Earth Day, research scientist Steve Colombo says forestry has a powerful role in climate solutions. Meanwhile: professor Justin Catanoso criticizes BC’s old-growth strategy; Karen Brandt defends Pinnacle’s use of residual logs; and NRDC takes another run at Canada’s forest industry. Elsewhere: a new carbon market pays Southern Pine growers to defer logging; and the US is helping Peru modernize its forestry sector.

Finally, a US patent is awarded for wood-grained polymer lumber, made from recycled plastics!

Kelly McCloskey, Tree Frog Editor

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